Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that would make it the first Mexican FinTech to trade on the United States markets.
The listing comes with $60 million in financing, half of which has already been announced.
https://www.pymnts.com/spac/2022/covalto-become-first-mexican-fintech-united-states-stock-market/